Property Summary

Beds: 3 Baths: 1 Car Park: 1

Property Description

This property is currently not available.

Introducing a fantastic opportunity for developers, builders, traders, and investors. This standalone, earthquake-damaged home is nestled on a generous 607 square metre section and offers great investment and development potential.
Featuring three double bedrooms this 1960’s dwelling is brick construction with an iron roof. The property is tidy throughout and is currently tenanted, ensuring immediate income for the discerning investor. The potential to add value is immense, whether you choose to renovate the existing dwelling or explore further development opportunities.
The home is “As Is, Where Is,” presenting a unique chance for those with vision and the ability to see the potential in this property. With its current tenancy in place, it is also healthy homes compliant, making it an attractive option for future tenants.
Situated close to the Port Hills, this property is surrounded by an abundance of recreational activities, providing an excellent quality of life for future occupants. The trendy Tannery precinct is also nearby, offering an array of boutique shops, cafes, and entertainment options for all ages.
There is a single garage, ensuring convenience for future tenants and adding to the overall appeal of this excellent investment opportunity. Don’t miss your chance to secure this fantastic property with immense potential to add value and generate a healthy return on investment.
Act now and seize this unique opportunity, Contact us today to arrange a viewing or to discuss further details.

AUCTION 22nd June 2023 3pm at First Nation Progressive 1 Wentworth Street (unless sold prior)

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“Please be aware that this information has been sourced from third parties including PropertySmarts/ Property-Guru/ Local Council Authorities/ CERA and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only”.

Venue: First National Office - 1 Wentworth Street, Ilam

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